ZenTreasury Strengths, Domain Expertise, and Key Differentiators
Established in 2016 in Helsinki, Finland, ZenTreasury has swiftly emerged as a leading provider of modern, lightweight finance platforms tailored for treasury and lease management. With a steadfast commitment to delivering practical solutions for intricate financial challenges, ZenTreasury has garnered a reputation as a trusted partner for enterprises worldwide.
ZenTreasury Recent Developments
ZenTreasury made waves in 2020 with the launch of LeaseAccounting.app, a self-service SaaS solution designed to assist SMEs and midcaps in managing lease agreements under IFRS-16. This innovative offering provided companies with an affordable and efficient way to achieve compliance with the new lease accounting standard. The market response to LeaseAccounting.app has been highly positive, with widespread adoption and recognition within the industry.
ZenTreasury Mergers and Acquisitions (M&A) Activities
ZenTreasury has successfully secured strategic investments and funding to support its growth and development initiatives. In August 2017, the company received an undisclosed seed funding round from angel investors Hanna Kahan and Ville Ojanen. This investment enabled ZenTreasury to bolster its team and continue advancing its product offerings. Furthermore, in January 2016, private equity firm Capzanine acquired a 25% minority stake in the company, providing additional resources and expertise to drive ZenTreasury's evolution from a "Software as a Service" to a "Platform as a Service" model.
ZenTreasury Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ZenTreasury applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of ZenTreasury and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified ZenTreasury IFRS 16 - Leases, ZenTreasury TMS customers.
ZenTreasury Overview
Otakaari 5
Espoo, x, 2150, Finland
358 9 424 68300
https://www.zentreasury.com/
Ownership: - x
Number of Employees: 10
Functional Markets: ERP Financial, TRM,
Key Verticals: Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
ZenTreasury Key Enterprise and Cloud Applications
ZenTreasury IFRS 16 - Leases, ZenTreasury TMS
ZenTreasury Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
ZenTreasury Revenue Breakdown By Type, $M:
ZenTreasury Enterprise Applications Revenues By Functional Markets, $M:
ZenTreasury Enterprise Applications Revenues By Verticals, $M:
ZenTreasury Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
ZenTreasury Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
ZenTreasury Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified ZenTreasury Customers
No. of ZenTreasury Customers: 40
No. of ZenTreasury Enterprise Applications Customers: 40
No. of ZenTreasury Cloud Customers: x
No. of ZenTreasury Cloud Subscribers: x
ZenTreasury has cultivated a strong customer base, with numerous reference wins across various industries. Companies such as Altia, Finnair, and Valmet Automotive are among the Nordic's leading enterprises that rely on ZenTreasury for their treasury and lease management needs. The company's expanding customer reach is evident from its successful foray into new markets, including the Netherlands, South Africa, and the United Kingdom, signifying its global appeal.
ZenTreasury Market Opportunities, M&A and Geo Expansions
In May 2018, ZenTreasury unveiled an enhanced website, introducing a comprehensive guarantees module and an exclusive white-label partnership program. The advanced guarantees module empowers customers to efficiently oversee the execution of corporate and bank guarantees, augmenting guarantee risk management through real-time monitoring dashboards. Furthermore, the white-label partnership program targets banks and financial service firms seeking to offer a top-tier SaaS TMS solution to their clientele under their unique brand identity. As a ZenTreasury white-label partner, you gain exclusive access to a fully replicated TMS platform, enabling seamless client management within a customized domain, wholly aligned with your brand.
ZenTreasury Risks and Challenges
Go-to-market challenges in unfamiliar regions could pose hurdles that require careful navigation and localization strategies.
ZenTreasury Ecosystem, Partners, Resellers and SI
ZenTreasury predominantly engages in direct sales to cater to its clientele.
ZenTreasury Cloud Infrastructure Insights
Subscribe to read more about:
- ZenTreasury Public Cloud and Infrastructure (IaaS)
- ZenTreasury Platform (PaaS)
- ZenTreasury Application Delivery
- ZenTreasury Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
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